Scorpius Holdings issues $450K promissory note to 3i, L.P.; CEO provides personal guaranty

Scorpius Holdings, Inc.

Non-convertible note principal $450,000, interest 5% per annum, matures July 31, 2025 or earlier upon Corporate Event or default.
Holder can require redemption of entire outstanding balance from up to 100% of gross proceeds of any subsequent Financing.
CEO Jeff Wolf executed a personal guaranty for the note, effective if obligations unpaid by December 31, 2028.
Personal guaranty reduces dollar-for-dollar by payments made by the Company or third parties to the Holder.
Note issued under Section 4(a)(2) and Regulation D; no registration statement filed.

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